How much does it cost?

How much does it cost?

Be sure to check with your health insurance company to see how these terms apply to your health insurance coverage. All co-payments, co-insurance and deductibles are due at the time of service:

Co-payment or “co-pay”– The part of your medical bill you must pay each time you visit the doctor. This is a pre-set fee determined by your health insurance policy.

Co-insurance– The part of your bill that you must pay, which sometimes is in conjunction with your copay. Co-insurance is usually a percentage of the total medical bill- for example, 20%. Typically your deductible must be met prior to receiving co-insurance.

Deductible-The cost you must pay for medical treatment before your health insurance company starts to pay any fees at all. In most cases, a new deductible must be satisfied each calendar year.

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